Impact investor Oikocredit provides US$2.72m loan to Fin’Elle for SMEs

CÔTE D’IVOIRE – Oikocredit, a social impact investor, has provided a loan of €2.3 million (US$2.72m) to Fin’Elle, a microfinance institution (MFI) focused on empowering women entrepreneurs by providing microfinance and mesofinance loans to women-owned small to medium enterprises (SMEs) in Côte d’Ivoire. Fin’Elle’s mesofinance products cater to the needs of SMEs that need a loan but would be seen as too small for commercials banks and too big for MFIs. In addition to the loan, Oikocredit plans on further supporting Fin’Elle with technical assistance to help them improve women’s…

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